Where News Meets Analysis

Day: August 23, 2012

Germany’s GDP expanded slower than expected at 0.3 percent for the quarter, unchanged from the previous period. On a y/y basis, GDP rose 0.5 percent, in line with expectations. Exports in the country rose 2.5 percent while private consumption rose… Read More ›

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EU services and manufacturing output index rose very marginally to 46.6 in August vs 46.5 in July adding to signs of a slowdown in the region. The impact of the recession is weighing on the economy more than ever on… Read More ›

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China HSBC Manufacturing PMI data declined to 47.8 for August vs 49.3 in July. The data shows that the economy is experiencing slowdown with lower factory orders. In short, some additional stimulus or govt. policy action would be needed to… Read More ›

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